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Crypto News: Massive XRP Transfers, Saylor's Strategy with $796 Million in Bitcoin, and Shiba Inu's Revival

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by Giorgi Kostiuk

10 hours ago


In the last days of June, the crypto community witnessed several significant events, including massive XRP transfers, MicroStrategy's actions, and the recovery of Shiba Inu.

Mysterious 640 Million XRP Transfer

On June 30, Whale Alert logged three large transfers, sparking discussions in the crypto community. A total of 640 million XRP was moved, amounting to nearly $1.5 billion. One transfer accounted for 320 million XRP, while two others were for 160 million each. The source check revealed that SBI, Ripple's main partner in Japan, used its SBI VC Trade exchange to conduct these transfers.

Saylor's Strategy Moves Nearly $796 Million in Bitcoin

On June 29, data from the Lookonchain platform reported nearly $796 million in Bitcoin was moved to three new wallets by MicroStrategy. This action is likely aimed at improving asset security. Following the company's recent purchase of 4,980 BTC, MicroStrategy's total Bitcoin holding reached 597,325 BTC.

Shiba Inu Regains 100 Trillion Mark

The Shiba Inu cryptocurrency has reached a key milestone by crossing the 100 trillion tokens in profit mark. According to IntoTheBlock data, nearly 100.54 trillion SHIB tokens are now reported as profitable, indicating renewed investor interest. Following a recent dip, SHIB is currently trading at around $0.0000117 with potential for growth ahead.

These events highlight the dynamic nature of the cryptocurrency market and the significance of current changes that may impact investor behavior.

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